Square Foot Research Singapore

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ENG KONG GREEN

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Project Information

Project Name

ENG KONG GREEN

Street Name

Eng Kong Terrace

Property Type

Condominium

Tenure

Freehold

District / Planning Area

D21 / Bukit Timah

Completion

1999

Number of units

64 units

Indicative price range / Average*

S$ 1,437 - S$ 1,437 psf / S$ 1,437 psf

Indicative rental range / Average*

S$ 3.18 - S$ 3.76 psf pm / S$ 3.47 psf pm

Implied rental yield

2.90%

Historical high

S$ 1,453 psf in Jul 2022 for a 840-sqft unit

Indicative average price from historical high

-1.1%

Historical low

S$ 421 psf in Jun 2006 for a 1,044-sqft unit

Buyer profile by status#

Singaporean 87.7%, PR 10.5%, Foreigner 0.0%, Company 0.0%

Buyer profile by purchaser address#

HDB 35.8%, Private 64.2%

Note: *Based on contracts in the last 6 months. #Based on all available caveats, it does not represent the breakdown of current owners.

Location

Transaction Prices, Rents, Trends and Analysis

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Nearby properties

Price Comparison (Up to 10)

Source: URA, https://www.squarefoot.com.sg

Rental Comparison (Up to 10)

Source: URA, https://www.squarefoot.com.sg

Price and rental comparisons (Up to 10)

Note: Excludes properties with no transactions in the past 6 months, except for Subject Property. *Prices and rentals are based on data in the past 6 months. If Subject Property does not have transactions during this period, data shown is from the 6-month period from last transaction date.
Source: https://www.squarefoot.com.sg
Marker Project Tenure Completion Distance
(m)
Lowest price*
(S$ psf)
Average price*
(S$ psf)
Highest price*
(S$ psf)
Lowest rental*
(S$ psf pm)
Average rental*
(S$ psf pm)
Highest rental*
(S$ psf pm)
Rental yield
(%)
ENG KONG GREEN Freehold 1999 - 1,437 1,437 1,437 3.18 3.47 3.76 2.9
ENG KONG PARK Freehold Unknown 121 1,996 1,996 1,996 3.14 3.14 3.14 1.9
VIEW AT KISMIS 99 yrs FROM 2019 Uncompleted 268 1,958 1,961 1,963 - - - -
NOTTINGHILL SUITES Freehold 2014 348 1,438 1,645 1,770 3.53 7.08 8.57 5.2
DAINTREE RESIDENCE 99 yrs FROM 2017 2022 398 1,919 2,018 2,129 5.52 6.21 7.69 3.7
HIGH OAK CONDOMINIUM 99 yrs FROM 1996 1999 409 1,201 1,297 1,335 3.48 3.86 4.30 3.6
THE BEVERLY Freehold 2012 447 992 992 992 2.54 2.57 2.59 3.1
THE CREEK @ BUKIT Freehold 2017 461 1,446 1,721 1,896 2.94 5.76 7.33 4.0
FORETT AT BUKIT TIMAH Freehold Uncompleted 546 1,909 2,075 2,431 - - - -
SIGNATURE PARK Freehold 1998 647 1,389 1,563 1,787 1.72 3.21 4.12 2.5

Location of nearby properties

Note: Excludes properties with no transactions in the past 6 months.
Source: https://www.squarefoot.com.sg

Nearby land sales / new launches

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Status Name Location Land attributes Estimated Breakeven

on 22 Nov 2012

(Now known as The Hillford)

Street
Site use Residential
Sale Type
Tenure 99
Site area (sqm) 10,170.8
Site GFA (sqm) 14,239.0
Highest bid ($m) 73.8
Highest bid ($psf) 481.5
Number of bids 23
Remarks
Land ($m) XX
Construction ($m) XX
Land Financing ($m) XX
Professional / Legal / Taxes ($m) XX
Marketing / Others ($m) XX
Est. Total Cost ($m) XX
Est. Breakeven ($psf ppr) XX
Developer Aspial

on 20 Jan 2018

(Now known as View at Kismis)

Street
Site use Residential
Sale Type
Tenure 99
Site area (sqm) 8,441.0
Site GFA (sqm) 13,000.0
Highest bid ($m) 119.8
Highest bid ($psf) 855.0
Number of bids
Remarks
Land ($m) XX
Construction ($m) XX
Land Financing ($m) XX
Professional / Legal / Taxes ($m) XX
Marketing / Others ($m) XX
Est. Total Cost ($m) XX
Est. Breakeven ($psf ppr) XX
Developer Roxy-Pacific Holdings, Tong Eng Group

Disclaimer

This report provides information as reference resource for your personal consumption only. It is not intended to be and does not constitute financial advice, investment advice or any other advice. This report has been generated without regard to the individual financial circumstances, needs or objectives of persons who view it. Users should not rely on any of the information herein as authoritative or substitute for the exercise of their own skill and judgment in making any investment or other decision. By the use of our services, you agree that any and all use of this report which you make, is solely at your own risk and without any recourse whatsoever to Square Foot Research Pte. Ltd., its related and affiliate companies and/or their employees. Square Foot Research Pte. Ltd. makes reasonable effort to use reliable and comprehensive information to generate this report, but we make no representation that it is accurate or complete.

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